by Dan Mitchell | Dec 10, 2023 | Big Government, Blogs, Government Spending
My trip to Argentina last year motivated me to write Part I of this series, which focused on whether things might get better in that tragic country for the simple reason that they couldn’t possibly get any worse. In Part II of...
by Dan Mitchell | Dec 8, 2023 | Big Government, Blogs, Government Spending
For decades (literally), I’ve maintained that make-believe budget cuts are the biggest form of budgetary dishonesty in Washington. But this John Stossel video discusses another scam politicians use to squander more money. So-called emergency spending is not a trivial...
by Dan Mitchell | Dec 5, 2023 | Big Government, Blogs, Government Spending
The United States is in fiscal trouble because of over-spending by Washington. And the problem will get worse in the future because of poorly designed entitlement programs. But it also will get worse because Washington is filled with politicians...
by Dan Mitchell | Nov 26, 2023 | Big Government, Blogs
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War...
by Dan Mitchell | Nov 25, 2023 | Blogs, Economics
Bidenomics is unpopular for the simple reason that prices have been rising faster than incomes have been rising. And when people are sinking – or even if they are treading water – that is a recipe for dissatisfaction. Yet people like Paul...